Malabar Gold and Diamonds Earns Esteemed Indian

eleventh May 2024, Mumbai, India: Malabar Gold and Diamonds, the world’s sixth largest jewelry group and ranked nineteenth in Deloitte’s Global Ranking of Luxury Products, receives the nation’s prestigious thirteenth Annual Legal Era-Indian Legal Awards within the authorized class. The firm has been bestowed with the coveted ‘Compliance and Risk Management Team of the Year 2023-24’ award, underscoring its dedication to authorized excellence and moral enterprise practices.

Legal luminaries honored Malabar Group’s executives at thirteenth Indian Legal Awards

In a aggressive panorama that includes outstanding company entities, Malabar Gold and Diamonds stood out amongst esteemed friends together with Aditya Birla Group, Hindustan Unilever Limited, Hyundai Motors India Limited, ITC Limited, Maruti Suzuki India Limited, Tata Chemicals, Tata Steel Limited, LTI Mind Tree, and others. The recognition highlights the corporate’s exemplary efficiency within the realm of compliance and threat administration, a testomony to its dedication to upholding the best requirements of company governance.

The award choice course of, overseen by a distinguished panel comprising authorized luminaries reminiscent of former Chief Justice of India Dipak Misra, former Supreme Court Judges Justice BN Srikrishna, Justice Arjan Sikri, and Justice Deepak Verma, affirmed Malabar Gold and Diamonds’ distinctive contributions to the authorized area.

The award was introduced at a ceremony held at Hotel Taj Palace, New Delhi, attended by luminaries together with Former Chief Justice of India Dipak Misra, Delhi High Court Chief Justice Manmohan, and Delhi High Court Judge Justice Pratibha Singh. Representing Malabar Gold and Diamonds, Vice Chairman KP Abdul Salam, Legal and Corporate Affairs Group Head Rajeev Nair, and Practicing Company Secretary C Ashiq accepted the accolade.

The management actions being carried out on the firm secretary stage and the meticulousness in authorized compliance issues have led the corporate to be eligible for this award. Ethical enterprise practices, clear and skilled fund administration, and enterprise plans primarily based on ESG ideas have certified the corporate to win the award within the Compliances and Risk Management Team class, alongside different giant corporates within the nation.

On receiving the popularity, MP Ahammed, Chairman of Malabar Group, expressed, “We are very completely happy and proud to be honored with this prestigious award. The glorious work being accomplished below the management of the Company Secretary is commendable. Our mission, ‘Make in India, Market to the World,’ underscores our dedication to contributing to the nation’s prosperity by producing employment alternatives and adhering to stringent compliance requirements.”

Malabar Gold and Diamonds operates on a world scale, making certain adherence to all regulatory necessities and fostering clear relationships with enterprise entities, monetary establishments, and authorities regulators. As a accountable jeweller, the corporate completely sources gold from professional and accountable mines, adhering to the best moral requirements. By strictly adhering to native legal guidelines and tax rules in each jurisdiction it operates in, Malabar Gold and Diamonds stays dedicated to contributing to the socio-economic improvement of the nations it serves.